Saturday, October 25, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google's Pichai to Become Head of Product at Google: report
Internet Explorer 11 Toolkit Allows Enterprise Admins "Spy" On Their Employees
FCC Says Airwave Auction To Delay Until 2016
HP Broadens Moonshot Portfolio With Intel-powered Models
Microsoft To Keep Nokia Brand For Low-end Smartphones
LG Introduces Its First Octa-Core Application Processor
Cloud and Surface 3 Drive Microsoft's Revenue
Micron Urges Investors To Reject TRC Capital's Unsolicited Tender Offer
Active Discussions
Copied dvd's say blank in computer only
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
 Home > News > Optical Storage > Microso...
Last 7 Days News : SU MO TU WE TH FR SA All News

Saturday, March 10, 2001
Microsoft declines comment on Xbox profitability


Microsoft on Friday declined to address a recent report that it would take five years to reach profitability with its new Xbox video game console, saying the forecast by Merrill Lynch was based on assumptions that were the brokerage's own.



``That forecast was based on information and targets that have not been shared with the public,'' said John O'Rourke, director of games marketing. He declined to comment on Microsoft's projected profitability.

Earlier in the week Merrill Lynch analyst Henry Blodget predicted the Xbox console would lose $2 billion before breaking even in about five years. In a report the brokerage calculated the Xbox would cost Microsoft $380 each to make, and would sell for close to $299, the price of Sony's rival PlayStation 2 console. Accounting for the retail margin, Microsoft was projected to lose about $130 for each Xbox sold.

While analysts have noted that console developers generally lose money on the hardware and profit on software and peripheral sales and licensing fees, the forecast for losses did raise some eyebrows.

O'Rourke said the marketing costs for the launch of the new video game platform will total some $500 million, and that about 1,000 employees were working in the Xbox division.
The Xbox, scheduled for launch this fall, is aiming to attract the same core video game fan base of teenage boys that Sonytargeted with its PlayStation 2, launched in the United States last fall.

PlayStation 2 sold some 1 million units in the United States after its first three months, limited by a shortage of components.

The Xbox incorporates a Broadband high-speed Internet connection, but requires consumers to purchase a peripheral to play DVD movies. In contrast, the sequel to the popular PlayStation console has a DVD player in the console, but consumers must buy an attachment to access the Internet.


Previous
Next
Iomega to display Peerless drive        All News        Iomega to display Peerless drive
Iomega to display Peerless drive     Optical Storage News      Iomega to display Peerless drive

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
Microsoft To Keep Nokia Brand For Low-end Smartphones
Cloud and Surface 3 Drive Microsoft's Revenue
Microsoft To Retire The Xbox Music Streaming Feature
Microsoft And Dell Puts Azure In A Box
Microsoft To Launch A Wearable Device Soon
New Xbox One Update Is Rolling Out Today
Microsoft CEO Apologizes For Suggesting Women not Ask for Raises
Microsoft says Samsung owes Millions in unpaid Patent Royalties
Xbox One Launches In China
Microsoft Wireless Display Adapter Connects Miracast Devices to HDTVs
Microsoft Pushes Back Xbox One Debut In China
Xbox One To Debut In China

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .